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Property profile & analytics

166 Maple St Wyandotte, MI 48192-5928

  • Bars
  • 2,960 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimation
$315,000
Last Sale
Jan 08, 2021
$325,000
Location Intelligence
Property ID
US43-0029686
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bars

Property Details for 166 Maple St

Year built
1967
Lot size
0.08 lot acres
Property size
2,960 SF
Property type
Bars
Property subtype
Pubs
APN
57 011 09 0014 002
APU
57011090014002

Description

This exceptional opportunity encompasses a thriving, well-established bar and grill situated in the heart of downtown Wyandotte, Michigan. The 2,960 square foot building sits on a 0.08-acre lot and is offered at $1,450,000. The property boasts both indoor and outdoor seating, including a patio area with the potential for an additional serving station and entertainment space. The fully equipped restaurant features a unique stone pizza oven capable of wood or gas firing. A substantial basement provides ample storage and a large prep area, enhancing operational efficiency. This turnkey business presents significant upside potential. The current owners are offering the opportunity to lease or purchase the adjacent 4,000 square foot space, allowing for expansion of the existing business or the implementation of a completely different use. The property is currently operational, and prospective buyers must contact the listing office before scheduling a visit. A non-disclosure agreement (NDA) must be signed prior to any tour, which can only be arranged during non-business hours to avoid disruption to the ongoing operations. Direct contact with the staff or owner regarding the sale is strictly prohibited. This is a rare chance to acquire a profitable, established business with significant growth potential in a vibrant downtown location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $325,000
  • CAP approach

    CAP return
    Estimation
    6%
    $290,000
    6.5%
    $260,000
    7%
    $295,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $275,000
    Geo Method
    $305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $235,000
    Retail
    $250,000
    Mixed-Use
    $265,000
    Hospitality
    $325,000
    Educational
    $325,000
    Residential Income
    $260,000
    Energy
    $310,000
    Income-Based Land
    $300,000
    Food Service
    $285,000

Location Insight

  • Map
  • Local Demand
City
Wyandotte
County
Wayne
State
Michigan
Longitude
-83.1513
Latitude
42.2024
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,687
$0.00
$0.00
$138,900
-
$0.00
$0.00
$277,800
More about this property
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